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Factors to consider before taking an education loan
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financialexpress.comGetting a good college education can be one of the most transformative experiences of anyone’s life. However, with education costs rising steeply, it is not always possible to cover the college costs with your savings or scholarships. In such scenarios, students are increasingly turning towards education loans to help fill the gap. With so many options in the market and other complexities, it is often tough to navigate them.
To assess loans objectively, you need to go beyond simple default rates and repayment schedules. You need to delve deeper into the course you are planning on undertaking and evaluate it against the total loan amount you are seeking. Finally, you need to honestly assess your ability to pay it back. It’s the first big
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